1. ENERGY TECHNOLOGY:
GE puts billions toward bringing 'good things' to oil and gas
HOUSTON -- The house that Thomas Edison built is conducting brisk business with the expanding oil and gas industry these days. General Electric Co.'s divisions in oil and gas and related industrial applications are quickly expanding their reach into the drilling world, rolling out new services and technologies to meet the needs of an increasingly technologically sophisticated industry. GE Oil & Gas is the fastest-growing business unit within the GE family.